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Re: None

Wednesday, 02/14/2018 1:56:46 PM

Wednesday, February 14, 2018 1:56:46 PM

Post# of 3784
Take note of "vwap" based comments as well as comments regarding small buy orders...but more importantly take note of how much emphasis is being placed on those things as though that's an accurate depiction of what we're seeing. If we're seeing continual discussions about that with no mention of little sells then how much does the exalted "vwap" figure matter?

Does it out weigh the fact that we have no over hang? Does it outweigh the fact that we're trending steadily without the company making an ounce of effort to inspire higher valuations (what happens when effort is made?)? Does it outweigh the fact that L2 is progressively thinning and volume is drying up? There's only so many parties willing to sell at this level and imo we'll have to raise our trading range in the coming weeks in order to see more liquidity....aka buyers that want bigger bites will have to carry out their process higher.

For now it looks like patient people with mops out slowly cleaning this up as we bide time.

Ps. If 1,000 buys are worth noting then sells of 342, 342, 3097 are as well...they aren't to me but in case anyone cares and can't look at the trades/transactions :)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y